828 S 16th StChickashaOK73018
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chickasha at 828 S 16th St, Chickasha, OK, 73018 generates $1,237/mo in rent and, after a $893/mo payment, leaves $72/mo in cash flow. Total monthly income is $1,237/mo, and annual cash flow is $861/yr on $60,499 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 8.13% on a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation builds toward $50,421 over five years. Five-year ROI reaches 110.72% and total cumulative return in cash sums $66,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73018, Chickasha, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,266 (100%) |
| Owner Occupied HU | 4,577 (49.4%) |
| Renter Occupied HU | 3,162 (34.1%) |
| Vacant Housing Units | 1,527 (16.5%) |
| Median Home Value | $137,561 |
| Average Home Value | $183,341 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,814
Multi-Family
428
Businesses
836
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